₦airaland Forum

Lagos-based popular socialite, Olaseni Johnson Olayinika, popularly known as Abu Abel, has been arrested by the police over his alleged involvement in a ₦447 million (four hundred and forty-seven million naira) land scam.

Abu Abel was arrested by operatives of the Force Criminal Investigations Department (FCID), Alagbon, led by CSP Taiwo Oyewole, on the orders of the Assistant Inspector-General of Police, AIG Margaret Ochalla.

The popular socialite, who had reportedly been on the run for several weeks, was arrested at a residence in Victoria Island, where he had allegedly gone into hiding to avoid arrest and frustrate ongoing police investigations.

According to police sources, the arrest followed a petition filed by Doyin Investment Group of Companies, alleging that the suspect fraudulently sold them three plots of land situated at Augustina Orji Street, within Ojomu Chieftaincy Family land, Oke-Arin Village, Mayegun, in Eti-Osa Local Government Area of Lagos.

The company, through its lawyers, claimed that in 2023, the suspect falsely represented himself as the legitimate owner of Plots 1, 4, and 10, measuring about 1,800.311 square metres, and convinced them to pay ₦447 million for the property. A Deed of Assignment was duly executed between both parties.

However, following the transaction, the company discovered that the land was already encumbered and subject to a third-party claim.

When confronted, the suspect admitted he was aware of the issue and promised to refund the payment.

He began making partial payments and refunded ₦230 million in total before defaulting on the outstanding balance of ₦217 million.

According to the petition, the suspect became evasive and began threatening officials of the company.

On January 11, 2024, the suspect signed a written undertaking, pledging to repay the balance or forfeit his property at Block C, Plot 22, Oba Amusa Adebambo Avenue, Lekki, in the event of a default.

Despite this, he failed to honour his promise of repayment and instead filed a fundamental human rights enforcement suit, which police authorities described as a ploy to obstruct justice.

Following weeks of coordinated intelligence gathering, the FCID Annex Alagbon Tactical Team traced the suspect to a hideout in Victoria Island, where he was arrested without resistance.

MimiBiggs:
Lagos-based popular socialite, Olaseni Johnson Olayinika, popularly known as Abu Abel, has been arrested by the police over his alleged involvement in a ₦447 million (four hundred and forty-seven million naira) land scam.

Abu Abel was arrested by operatives of the Force Criminal Investigations Department (FCID), Alagbon, led by CSP Taiwo Oyewole, on the orders of the Assistant Inspector-General of Police, AIG Margaret Ochalla.

The popular socialite, who had reportedly been on the run for several weeks, was arrested at a residence in Victoria Island, where he had allegedly gone into hiding to avoid arrest and frustrate ongoing police investigations.

According to police sources, the arrest followed a petition filed by Doyin Investment Group of Companies, alleging that the suspect fraudulently sold them three plots of land situated at Augustina Orji Street, within Ojomu Chieftaincy Family land, Oke-Arin Village, Mayegun, in Eti-Osa Local Government Area of Lagos.

The company, through its lawyers, claimed that in 2023, the suspect falsely represented himself as the legitimate owner of Plots 1, 4, and 10, measuring about 1,800.311 square metres, and convinced them to pay ₦447 million for the property. A Deed of Assignment was duly executed between both parties.

However, following the transaction, the company discovered that the land was already encumbered and subject to a third-party claim.

When confronted, the suspect admitted he was aware of the issue and promised to refund the payment.

He began making partial payments and refunded ₦230 million in total before defaulting on the outstanding balance of ₦217 million.

According to the petition, the suspect became evasive and began threatening officials of the company.

On January 11, 2024, the suspect signed a written undertaking, pledging to repay the balance or forfeit his property at Block C, Plot 22, Oba Amusa Adebambo Avenue, Lekki, in the event of a default.

Despite this, he failed to honour his promise of repayment and instead filed a fundamental human rights enforcement suit, which police authorities described as a ploy to obstruct justice.

Following weeks of coordinated intelligence gathering, the FCID Annex Alagbon Tactical Team traced the suspect to a hideout in Victoria Island, where he was arrested without resistance.

Person way dey go release today

Make them dey whine you

Firebox123:
Person way dey go release today

Make them dey whine you

When you commit a very big financial crime, everybody go sit down and settle everything ni
They won't even post your pictures in handcuffs online or carry Mugshot

The company that bought properties without conducting due diligence research on the property is to blame, how can you invest such a large amount without doing what is expected.

Once you hear "he's a socialite in Lagos", just know that's a fraudster because most of them are

Na scammers full lagos/lekki...Wey boys go dey hail for comment section.

That's what they're good at, they want to chop but don't want to work, lazy fools